Funding Rounds

Hellas Direct snares €32m in EBRD-backed funding round

Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).

InsurTech100 company Akur8 closes $30m Series B to support international expansion

AI-powered insurance pricing solution Akur8 has closed its Series B on $30m to support its international expansion.

Handdii nets $3m through its first institutional investment

Handdii, which is looking to digitise and simplify the property claims experience, has closed its seed round on $3m.

Afterpay, Zip founders pour AU$15.5m in seed round for InsurTech Honey Insurance

Aussie InsurTech Honey Insurance secured AU$15.5m (about $11.9m) in seed funding, the largest seed round in Australian history for a technology company.

Betterfly closes $60m Series B hot off the heels of former round

Betterfly, an InsurTech startup, has closed its Series B on $60m, coming just six months after its former round.

Tractable enters billion-dollar club after $60m Series D investment led by Insight Partners and...

Tractable raised $60m in a late-stage funding round led by investors Insight Partners and Georgian, which values the AI startup at $1bn, making it the first British computer vision-oriented startup to do so, according to the company.

What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

Embroker secures $100m Series C to expand business insurance offering

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

Branch banks $50m to tackle the root problem of the insurance sector

Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.

Certificial closes $5.8m in its Series A round

Certificial, which offers real-time certificate of insurance (COI) issuance and compliance management, has closed its Series A round on $5.8m.

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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